stablesdash
MetaMask USDmUSD$26.2M·
Noble DollarUSDN$2.3M·
Startale USDUSDSC$4.8M·
CASHCASH$121.6M·
USDHUSDH$21.2M·
XO CashXO$2.8M·
usualMusualM$63.5M·
Stable CoinSBC$4.5M·
Glo DollarUSDGLO$1.1M·
Pax DollarUSDP$40.6M·
Jupiter USDjupUSD$49.5M·
MegaUSDUSDM$18.4M·
MetaMask USDmUSD$26.2M·
Noble DollarUSDN$2.3M·
Startale USDUSDSC$4.8M·
CASHCASH$121.6M·
USDHUSDH$21.2M·
XO CashXO$2.8M·
usualMusualM$63.5M·
Stable CoinSBC$4.5M·
Glo DollarUSDGLO$1.1M·
Pax DollarUSDP$40.6M·
Jupiter USDjupUSD$49.5M·
MegaUSDUSDM$18.4M·

Tech Platforms

Technology platforms enabling white-label stablecoin issuance, ranked by total market cap.

Open Issuance

Open Issuance

2 stablecoins

#1
Market Cap$142.8M
Market Share40.1%
Issuers
BridgeBridge
Native MarketsNative Markets
Tokens
CASHCASH
USDHUSDH
Chains
HyperliquidSolana
M0

M0

8 stablecoins

#2
Market Cap$99.6M
Market Share27.9%
Issuers
BridgeBridge
MXONMXON
MoonPayMoonPay
SSaturn
Tokens
MetaMask USDmUSD
Noble DollarUSDN
KAST DollarUSDK
Startale USDUSDSC
Citrea USDctUSD
XO CashXO
usualMusualM
USDatUSDat
Chains
CitreaCosmosEthereumLineaNoble+2
Ethena

Ethena

2 stablecoins

#3
Market Cap$67.9M
Market Share19.0%
Issuers
EthenaEthena
Tokens
Jupiter USDjupUSD
MegaUSDUSDM
Chains
MegaETHSolana
Paxos

Paxos

1 stablecoin

#4
Market Cap$40.6M
Market Share11.4%
Issuers
PaxosPaxos
Tokens
Pax DollarUSDP
Chains
EthereumSolana
Brale

Brale

2 stablecoins

#5
Market Cap$5.6M
Market Share1.6%
Issuers
BraleBrale
Tokens
Stable CoinSBC
Glo DollarUSDGLO
Chains
ArbitrumBaseEthereum